Summary of the Meeting of the Board of Directors

October 12, 2023

Completed

  1. Country: United States – AP089498XX
    Buyer: BETA Technologies, Inc., South Burlington, VT
    End User: BETA Technologies, Inc., South Burlington, VT
    Supplier: Various U.S. Companies
    Products: Production Facility 
    NAC Review Required: Yes
    Public Notification Required: Yes
    Congressional Notification Required: Yes
    Decision Required: Whether to Notify Congress
    Bakst/Staton

    BUSINESS CREDIT DIVISION
  2. Working Capital Guarantee Program - AP089376XB (Renewal)
    Guaranteed Lender: Apple Bank for Savings
    Borrower: Embraer Executive Aircraft, Inc.
    Products: Aircraft 
    Required NAC Review: Yes 
    Required Public Notice and Comment: No
    Congressional Notification Required: No
    Note: AP08937XA was approved onAugust 12, 2021
    Decision Required: Approval
    Sakhatov/Wharton

    STRUCTURED & PROJECT FINANCE DIVISION 
  3. Country: Estonia – AP089483XX
    Foreign Buyer: Liwathon B.O.S., London, UK
    Exporter: Precision Build System LLC DBA Tampa Tank. Gibsonton FL Guarantor: Liwathon E.O.S, Estonia
    Product: Liwathon Tank Farm Refurbishment
    Required NAC Review: Yes 
    Required Public Notice and Comment: No
    Congressional Notification Required: No
    Required Decision: Approval
    Swain/Saracco
Certification for Closure of Meeting

I, Susan B. Gerson, Assistant General Counsel for Administration, hereby certify that in my opinion the Meeting of the Board of Directors scheduled for 9:30 AM on Thursday, October 12, 2023 via teleconference and in person will disclose information of the kind set forth in Subsection (4) of Section 552b(c), Title 5 of the United States Code.

Accordingly, such meeting may be closed to the public.

Susan B. Gerson 
Assistant General Counsel for Administration

Date Posted

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF CLOSED BOARD OF DIRECTORS MEETING MINUTES
OCTOBER 12, 2023

  1. TRANSPORTATION DIVISION
    Country: United States – AP089498XX
    Buyer: BETA Technologies, Inc., South Burlington, VT
    End User: BETA Technologies, Inc., South Burlington, VT
    Supplier: Various U.S. Companies
    Products: Production Facility 
    Deal Team Members: Jacob Bakst, David Fiore, Caroline Jouy, Erin Staton, 
    Roger Yerger, Stephen Parsons, Scott Condren, and Adam Frost
    Required NAC Review Completed: October 5, 2023
    Public Notification Required: Yes
    Congressional Notification Required: Yes
    Decision Required: Whether to Notify Congress
    Board Decision: APPROVED. Chair Lewis, Vice Chair Pryor, 
    and Director Herrnstadt all voted in favor of approving notifying Congress.
  2. BUSINESS CREDIT DIVISION
    Working Capital Guarantee Program - AP089376XB (Renewal)
    Guaranteed Lender: Apple Bank for Savings
    Borrower: Embraer Executive Aircraft, Inc.
    Products: Aircraft 
    Required NAC Review Completed: October 5, 2023
    Required Public Notice and Comment: No
    Congressional Notification Required: No
    Note: AP08937XA was approved on August 12, 2021
    Decision Required: Approval
    Board Decision: APPROVED. Chair Lewis, Vice Chair Pryor, 
    and Director Herrnstadt all voted in favor of approving the transaction.
  3. STRUCTURED & PROJECT FINANCE DIVISION
    Country: Estonia – AP089483XX
    Foreign Buyer: Liwathon B.O.S., London, UK
    Exporter: Precision Build System LLC DBA Tampa Tank. Gibsonton FL
    Guarantor: Liwathon E.O.S, Estonia
    Product: Liwathon Tank Farm Refurbishment
    Required NAC Review Completed: October 5, 2023
    Required Public Notice and Comment: No
    Congressional Notification Required: No
    Required Decision: Approval
    Board Decision: APPROVED. Chair Lewis, Vice Chair Pryor, 
    and Director Herrnstadt all voted in favor of approving notifying Congress.